More people want to move to Richmond

The capital city of Virginia is becoming an increasingly popular place to live, as you can see from the many home, condominium and apartment complex construction projects that have been underway for the past few years. Real estate in Richmond is desirable for its affordability, the conveniences of living in a thriving city and many recreational activities.

The Richmond Times-Dispatch reports the downtown is especially thriving and the demand for housing is up. This growing number of residential construction projects not only signifies the area's popularity, but also the improving economic stability of the city.

"More and more people want to live in Richmond. It's like a snowball rolling downhill," said local developer Robin Miller to the news outlet.

Popular downtown Richmond neighborhoods include Carytown and Shockoe Bottom, as well as the many streets that run along the James River. The two primary groups living in this area include young adults and older individuals, explains the source.

"Young professionals out of college in their 20s, predominantly singles but some couples who work downtown or they just want to live downtown and they are doing reverse commutes [from in the suburbs]," noted Miller. "The second group is empty nesters in their late 40s, 50s or 60s tired of taking care of houses. They want to walk to restaurants, walk to the river, or if they drive, not too far."

Published by staff writer on May 29, 2012

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